1897-O BARBER 50C MS66+
VERY FLASHY, LUSTROUS GEM WITH ELECTRIC BLUE PERIPHERAL TONING. JUST THREE COINS GRADED HIGHER AT PCGS.
SKU:
144322
Cert Number:
19806504
$25,000.00**
$24,750.00
“New Orleans has always done things a little differently.” This has been a well-known fact for the entirety of the eclectic city’s history. A prime example of its topsy-turvy techniques is the establishment of Storyville, its Red Light District, in 1897. By definition, a Red Light District is an area in a city or town where there is a concentrated population of sex businesses, frequent prostitution, and a hot spot for other illegal activities. Usually these areas just form by themselves as people with similar interests tend to flock together; this was not the case for New Orleans, however. In 1897 city councilman Sydney Story developed a code ordinance that would locate this district in a sixteen block radius within the city. This ordinance made prostitution “legal” in this area but absolutely outlawed it in all others. Technically prostitution was not legal in Storyville, but it was an area in which law would turn a blind eye to the illicit activities. Once it was established Story also published several bluebooks that outlined the services the district offered, as well as prices and in which houses they were offered. For years this remained the hotspot for all of the city’s illicit activities and allowed the city government to control and maintain them. It is even said that this small district is the birth-place for Jazz. While African-American men were banned from both white and black brothels, these same houses often hired bands, pianists, and singers to entertain their patrons. Furthermore, several now infamous Jazz artists graced the bordellos within Storyville; some even found their fame in the district. By 1917 a federal wartime ordinance had been issued to eradicate all sex business and prostitution near naval bases, because it often distracted the seamen. This ordinance ended the Storyville legacy and since then several buildings have been demolished in an attempt to give the city “a fresh start.” Regardless, the area remains a very popular attraction for travelers.
In 1897, the United States was a canvas of cultural innovation, technological advancement, and historical milestones that underscored the nation's dynamic evolution at the turn of the century.
That year, the first Boston Marathon was held on April 19, establishing a tradition that would grow to become the world's oldest annual marathon, symbolizing endurance and international camaraderie.
This spirit of innovation extended to the culinary world with Alfred L. Cralle's patent of the first ice cream scoop, an invention that revolutionized the serving of America's burgeoning favorite treat, ice cream, enhancing its enjoyment across the nation. In the same vein, the introduction of Jell-O by Pearle Bixby Wait offered American households a new, simple, and versatile dessert option, soon to become a staple in American cuisine and culture.
1897 also marked significant economic and cultural shifts, as evidenced by the Klondike Gold Rush. Although centered in Canada, its effects rippled through the United States, particularly transforming Seattle into a bustling hub for prospectors, which spurred economic growth and positioned the city as a gateway to the Pacific Northwest.
Further enriching the nation's cultural landscape, the Library of Congress opened its magnificent Thomas Jefferson Building in Washington, D.C., becoming a treasure trove of American knowledge, creativity, and heritage.
The year saw the first recorded automobile accident in New York City, a less joyous but pivotal moment highlighting the automobile's emerging role in American life and signaling the dawn of a new transportation era.
Together, these events from 1897 illustrate a vibrant tapestry of American life, marked by moments of joy, ingenuity, and significant cultural and economic development, painting a picture of a nation on the cusp of modernity.
Telephone service began between New York and Chicago. Also in Chicago, 30-year-old soap salesman William Wrigley started selling chewing gum instead. The Coca-Cola Company was organized in Atlanta, and the first pneumatic tire was invented.
The year was 1892, and new beginnings seemed to be the order of the day. That was the case in United States coinage, as well. Three new silver coins entered circulation that year. Sometimes identified as the Liberty Head half dollar, quarter and dime, they’re more often referred to by the name of their designer: U.S. Mint chief sculptor-engraver Charles E. Barber.
The fractional silver coins were long overdue for a facelift. All had carried the Seated Liberty portrait for more than half a century, and while it’s true that life was more leisurely back then, the pace of change in this case was downright glacial. The Mint had had little incentive to change the designs of these coins. Only one of the three, the Seated Liberty dime, had been made in the previous decade in anything approaching normal numbers. New half dollars and quarters were barely struck at all during the 1880s, because the federal government had more than enough older coins (some dating back to the late 1840s) stashed away in its vaults to satisfy public demand.
The Mint was not oblivious to the need for new designs. In his annual report for 1887, Mint Director James P. Kimball pointedly referred to the “popular desire for an improvement of the coinage in respect to the present designs.” Not until 1890 did the inventories of older halves and quarters finally decline to the point where normal production seemed likely to resume, making the time more propitious for giving the silver coins a brand-new look.
In 1890, Kimball secured legal underpinning for the concept of regular design change. He prevailed upon Congress to pass legislation specifying that from that point forward, coin designs could be changed administratively after being in use for a minimum of 25 years. The half dollar, quarter and dime were eligible at once though, in point of fact, the Mint could have changed them any time it wanted under the standard procedures it had followed in previous years.
Kimball was intrigued by the notion of holding a limited competition to obtain new designs for the silver coinage. At his urging, in 1890 the Treasury invited ten outstanding artists to submit proposed designs for the half dollar, quarter and dime. Augustus Saint-Gaudens, the nation’s pre-eminent sculptor, headed the list of invitees.
There’s little doubt that the contest would have borne impressive fruit, but before it could begin the artists got together and drafted a set of terms without which, they insisted, they wouldn’t compete. Among other things, they demanded that each entrant get $100 for each sketch that he submitted and $500 for each completed model. The Treasury turned them down and instead conducted a contest open to one and all. This produced some 300 entries, but nothing deemed usable on the coinage.
Chief Engraver Barber proved to be the winner in the end. Frustrated by the poor public entries, the Mint turned to Barber in 1891 to design the coins, an assignment he had coveted all along. Barber came up with similar obverse artwork for all three coins. It features a right-facing head of Liberty with her hair bound up in a cap, a laurel wreath resting along her hairline and a diadem bearing the incused inscription LIBERTY over her brow. The designer’s initial ‘B’ is at the base of the neck. On the half dollar and quarter, the motto IN GOD WE TRUST appears above this portrait, the date below and thirteen stars alongside.
The two larger coins also share a common reverse design. It depicts a heraldic eagle with a shield on its breast, an olive branch clutched in its right talons and a bundle of arrows in its left talons. Inscriptions on this side include UNITED STATES OF AMERICA along the top border, the statement of value along the bottom and E PLURIBUS UNUM on a ribbon held tightly in the eagle’s beak. 13 stars are arrayed in the field above the eagle.
All three Barber silver coins debuted in 1892, and all three had steady, unspectacular careers in the nation’s coinage lineup. In the case of the Barber half dollar, annual production never exceeded six million pieces at any given mint; the highpoint came in 1899, when the main mint in Philadelphia made just a shade over 5.5 million. On the other hand, yearly output never dropped below 100,000 coins at any one mint. The low point occurred in 1914, when just 124,610 half dollars were struck at Philadelphia. Besides the main mint, Barber halves also were produced at the branch mints in New Orleans (O mintmark), San Francisco (S) and Denver (D), with the mintmark placed below the eagle’s tail. Scarce issues include 1892-O, 1892-S, 1893-S, 1896-S, 1901-S, 1904-S and the last three pieces from Philadelphia—1913, 1914 and 1915. There are no extreme rarities within the basic date and mint series, though the 1892-O half with Micro O mintmark (the result of using a quarter dollar puncheon) is known only to the tune of several dozen pieces.
Proofs were produced every year, with mintages ranging from a high of 1,245 in the first year of issue to a low of 380 in 1914, the second-to-last year of the series. In 1916, the Barber coin was replaced by a new half dollar, the Walking Liberty type, and no proof halves were issued.
Barber half dollars were struck for a total of 24 years and in 73 different date-and-mint combinations. Collectors do assemble date-and-mint sets, especially in circulated grades, but in mint condition this coin is far more often collected by type. Meaningful numbers exist in mint state levels up to MS-65, but above that the population is thin. When grading this design, the points on the obverse that will first show wear are the cheek and the hair below LIBERTY; on the reverse, check the eagle’s head and the tips of the tail and wings.
The total output of Barber half dollars for all 24 years was only about 136 million coins. That’s less than half the number of Kennedy halves struck at the Philadelphia Mint in 1964 alone, but then Barber halves were bigger money. Back in 1900, a half dollar would have bought a man’s shirt or two pairs of suspenders. Money certainly went further in the “good old days!”
Coin Descriptions Provided by Numismatic Guaranty Corporation (NGC)
**Source: PCGS Price Guide. Although we try to be as accurate as possible on the listed population, third party pricing and coin information, information constantly changes. We suggest you verify all information.